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AL Maather REIT FundSAU:4334 +0.44%78 Return-on-Tangible-Asset is 3.91% as of Dec. 2025, which is 17% above its 10-year median of 3.34. GuruFocus rates SAU:4334 with a GF Score™ of 78/100 and a GF Value™ of ﷼10.05 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 928 REITs companies, AL Maather REIT Fund ranks better than 64.01% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. AL Maather REIT Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was ﷼28.59 Mil. AL Maather REIT Fund's average total tangible assets for the quarter that ended in Dec. 2025 was ﷼730.82 Mil. Therefore, AL Maather REIT Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.91%.
The historical rank and industry rank for AL Maather REIT Fund's Return-on-Tangible-Asset or its related term are showing as below:
SAU:4334'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.12 Med: 3.34 Max: 6.04
Current: 4.64
During the past 9 years, AL Maather REIT Fund's highest Return-on-Tangible-Asset was 6.04%. The lowest was -1.12%. And the median was 3.34%.
SAU:4334's Return-on-Tangible-Asset is ranked better than 64.01% of 928
companies
in the REITs industry
Industry Median: 3.285
vs SAU:4334: 4.64
AL Maather REIT Fund (SAU:4334) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
AL Maather REIT Fund Return-on-Tangible-Asset Related Terms
AL Maather REIT Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AL Maather REIT Fund's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AL Maather REIT Fund Return-on-Tangible-Asset Chart
SAU:4334 vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, AL Maather REIT Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AL Maather REIT Fund Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, AL Maather REIT Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AL Maather REIT Fund's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.91% mean?
AL Maather REIT Fund (SAU:4334) has a Return-on-Tangible-Asset of 3.91% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AL Maather REIT Fund and its competitors. This is 17% above median its historical median of 3.34. According to the industry distribution chart, AL Maather REIT Fund ranks #334 out of 928 companies in the REITs industry, placing it in the top 36%.
Is AL Maather REIT Fund's Return-on-Tangible-Asset too high?
AL Maather REIT Fund's current Return-on-Tangible-Asset of 3.91% is 17% above median its 10-year median of 3.34. The REITs industry median Return-on-Tangible-Asset is 3.29. AL Maather REIT Fund's value of 3.91% is 19% above this industry median. Based on the distribution chart, AL Maather REIT Fund ranks #334 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, AL Maather REIT Fund has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AL Maather REIT Fund's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, AL Maather REIT Fund ranks #334 out of 928 companies for Return-on-Tangible-Asset. This puts AL Maather REIT Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.29. AL Maather REIT Fund's value of 3.91% is 19% above this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 3.29, AL Maather REIT Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.29, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AL Maather REIT Fund's current Return-on-Tangible-Asset of 3.91% is 19% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AL Maather REIT Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AL Maather REIT Fund's current Return-on-Tangible-Asset is 3.91%, which is 17% above median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AL Maather REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, AL Maather REIT Fund (SAU:4334) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼10.05, compared to a current price of ﷼9.04 — trading 10% below its estimated fair value. The current Return-on-Tangible-Asset is 3.91%, which is 17% above median its 10-year median of 3.34 and 19% above the REITs industry median of 3.29. AL Maather REIT Fund's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For AL Maather REIT Fund (SAU:4334), the current Return-on-Tangible-Asset is 3.91% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AL Maather REIT Fund (SAU:4334) Overvalued in 2026?
Based on GuruFocus' analysis, AL Maather REIT Fund stock appears to be undervalued.
The current stock price of ﷼9.04 is trading 10% below its estimated GF Value™ of ﷼10.05.
GuruFocus considers AL Maather REIT Fund to be Modestly Undervalued.
Key valuation signals for SAU:4334:
Return-on-Tangible-Asset: 3.91% (17% above median its 10-year median of 3.34)
GF Value™: ﷼10.05 vs. price of ﷼9.04 (10% below fair value)
Industry Position: 19% above the REITs median (#334 of 928)
No single metric tells the full story. See the SAU:4334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AL Maather REIT Fund is a closed-end real estate investment fund. Its objective is to invest in real estate assets within the Kingdom of Saudi Arabia that provide achievable periodic rental income, and to distribute at least ninety percent of the fund's net profits annually. Its segment includes Offices, Hotel, Suites, Galleries, Warehouses, Schools and Hospitals.
78GF Score
Get the complete analysis for SAU:4334
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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